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Mr. Dwain Millikin with Cox Communications addressed the council regarding the <br /> possibility of raising the cable franchise fee. Currently the cable company pays $1.00 per <br /> customer per year to the City and they absorbed the cost instead of passing it along to the <br /> customer. The City receives approximately $3,200.00 per year. If the city imposes a 4.25% <br /> franchise fee to the cable company, which is the amount that Entergy, Southwestern Bell and <br /> Reliant Energy pays, it would generate approximately $73,000.00 per years. Mr. Millikin said <br /> they are against raising the franchise fee and would be forced to pass the tax along to the <br /> customer. He said that the difference in his company and the other utilities is that cable TV is <br /> not a necessity and the other utilities are. He also noted that they have competition with the dish <br /> satellite companies that don't have to pay a franchise. No decision was made. <br /> MAYOR'S ANNOUNCEMENTS <br /> Mayor Biard told the council, as per their request,received an appraisal on the Old Water <br /> Plant Property located on lower River Street. He said he talked to surrounding landowners to see <br /> is anyone as interested in purchasing the property. He said White River Petroleum Co. was <br /> interested. He said he also spoke to the Sims family and asked them to contact him by 5:00 PM <br /> today if they were interested. He said they did not contact him so he had to assume they were <br /> not interested. The council agreed to give the Mayor authority to sell the property to White <br /> River Petroleum Co. <br /> Mayor Biard said that the City will receive monies from FEMA to help defer the <br /> expenses that the City has been out due to the ice storm on December 3 and 4. The Mayor said <br /> the City could receive around $80,000 as soon as April or May of this year. <br /> The Mayor asked the council if they were still interested in a sign ordinance for the City. <br /> He said the Planning Commission worked on an ordinance to present to the council but never did <br />